JDX participation a ‘remarkable achievement’ but Wynter mum on govt loan


Jamaica Observer: “JDX participation a ‘remarkable achievement’ but Wynter mum on govt loan”

Governor of the Bank of Jamaica, Brian Wynter, yesterday lauded the financial sector’s response to the Jamaica Debt Exchange (JDX) as a ‘remarkable achievement’ following a reported 91 per cent participation from bondholders, even while denying the Bank’s assistance to the Jamaican government.


Jamaica Observer: ‘JDX will result in short-term losses for some institutions”

THOUGH the financial sector has come out in strong support of the Government’s Jamaica Debt Exchange (JDX) programme, many will report losses as a result, some significant.